ATTENTION INVESTORS. Fourplex built in 2020, located in the highly sought-after Île de Hull neighbourhood. The property features two one-bedroom units and two two-bedroom units, generating an impressive gross annual income of $79,140. Offered at only 16.8 times the gross income, this is an excellent investment opportunity with potential for increased revenue. All appliances are included, and every unit is fully rented. Strategically located near government buildings, the Canadian Museum of History, the Hull Marina, Jacques-Cartier Park, local services, and the Alexandra Bridge providing quick access to Ottawa.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Discover this fourplex built in 2020, located in the highly sought after Hull Island neighbourhood of Gatineau. This modern property offers an excellent opportunity for investors looking for a recently built building with strong income potential.
The property features four rental units, including two one bedroom apartments and two two bedroom apartments. All units are currently rented, with tenants responsible for their own heating and electricity.
Each apartment is equipped with its own mechanical systems, including four heat pumps, four air exchangers, and four water heaters. All appliances are included in each unit, including a stove, refrigerator, washer, dryer, and dishwasher.
The building stands out with its 2 inch concrete soundproofing floor assemblies, providing enhanced noise insulation between units. It also offers three parking spaces and fiberglass balconies.
Ideally located near government offices, the Canadian Museum of History, Jacques Cartier Park, the Hull Marina, cycling paths, essential services, and downtown Ottawa.
An excellent opportunity for investors seeking a modern, recently built income property in one of Gatineau's most desirable rental markets.
Building details and property interior
Dimensions
18' X 48' 2" irr.
Year constructed
2020
Living area
3,025 ft²
Windows
PVC
Window Type
Casement
Siding
Brick, Pressed fibre
Roofing
Asphalt shingles
Lot and exterior features
Lot size
33' X 99'
Lot area
3,266.85 ft²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (4)
Proximity
Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, University, CEGEP, Highway
Room details
Unit 1 (Monthly residential revenue)
Living room
Level:
Garden level
Dimensions:
12'8" X 12'10" irr.
Flooring:
Flexible floor coverings
Details:
Dining room
Level:
Garden level
Dimensions:
8' X 13'10" irr.
Flooring:
Flexible floor coverings
Details:
Kitchen
Level:
Garden level
Dimensions:
7'8" X 14'11" irr.
Flooring:
Flexible floor coverings
Details:
Laundry room
Level:
Garden level
Dimensions:
3'10" X 5'3" irr.
Flooring:
Flexible floor coverings
Details:
Bathroom
Level:
Garden level
Dimensions:
5'2" X 8'2" irr.
Flooring:
Flexible floor coverings
Details:
Primary bedroom
Level:
Garden level
Dimensions:
9'7" X 14'11" irr.
Flooring:
Flexible floor coverings
Details:
Unit 2 (Monthly residential revenue)
Hall
Level:
2nd level
Dimensions:
4'2" X 4'8"
Flooring:
Details:
Living room
Level:
2nd level
Dimensions:
9'7" X 16'4"
Flooring:
Details:
Dining room
Level:
2nd level
Dimensions:
8'10" X 10'11"
Flooring:
Details:
Kitchen
Level:
2nd level
Dimensions:
7'9" X 10'6"
Flooring:
Details:
Laundry room
Level:
2nd level
Dimensions:
3'6" X 6'6"
Flooring:
Details:
Bathroom
Level:
2nd level
Dimensions:
4'11" X 9'1"
Flooring:
Details:
Primary bedroom
Level:
2nd level
Dimensions:
10'9" X 15'8"
Flooring:
Details:
Unit 3 (Monthly residential revenue)
Hall
Level:
3rd level
Dimensions:
4'11" X 6'
Flooring:
Flexible floor coverings
Details:
Hall
Level:
3rd level
Dimensions:
5'11" X 16'5" irr.
Flooring:
Flexible floor coverings
Details:
Kitchen
Level:
3rd level
Dimensions:
7'8" X 14'3" irr.
Flooring:
Flexible floor coverings
Details:
Dining room
Level:
3rd level
Dimensions:
9'4" X 12' irr.
Flooring:
Flexible floor coverings
Details:
Living room
Level:
3rd level
Dimensions:
9'8" X 19' irr.
Flooring:
Flexible floor coverings
Details:
Bedroom
Level:
3rd level
Dimensions:
8'4" X 13'9" irr.
Flooring:
Flexible floor coverings
Details:
Primary bedroom
Level:
3rd level
Dimensions:
9'9" X 15'8" irr.
Flooring:
Flexible floor coverings
Details:
Bathroom
Level:
3rd level
Dimensions:
4'11" X 8'5"
Flooring:
Flexible floor coverings
Details:
Laundry room
Level:
3rd level
Dimensions:
3'1" X 6'4"
Flooring:
Flexible floor coverings
Details:
Hall
Level:
3rd level
Dimensions:
5'10" X 6'4"
Flooring:
Flexible floor coverings
Details:
Unit 4 (Monthly residential revenue)
Hall
Level:
4th level
Dimensions:
3'4" X 3'4"
Flooring:
Flexible floor coverings
Details:
Living room
Level:
4th level
Dimensions:
14'3" X 14'11" irr.
Flooring:
Flexible floor coverings
Details:
Dining room
Level:
4th level
Dimensions:
9'1" X 12'3" irr.
Flooring:
Flexible floor coverings
Details:
Kitchen
Level:
4th level
Dimensions:
7'8" X 14'5" irr.
Flooring:
Flexible floor coverings
Details:
Laundry room
Level:
4th level
Dimensions:
3'1" X 6'4"
Flooring:
Flexible floor coverings
Details:
Bathroom
Level:
4th level
Dimensions:
4'11" X 8'5"
Flooring:
Flexible floor coverings
Details:
Primary bedroom
Level:
4th level
Dimensions:
12'7" X 15'8" irr.
Flooring:
Flexible floor coverings
Details:
Bedroom
Level:
4th level
Dimensions:
12'3" X 15'8" irr.
Flooring:
Flexible floor coverings
Details:
Hall
Level:
4th level
Dimensions:
5'6" X 6'4" irr.
Flooring:
Flexible floor coverings
Details:
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning, Air exchange system, Wall-mounted heat pump